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28 June, 2023
Alexander Grace Law (AGL) is undergoing a managed closure and will formally close at the end of this week. Clients with transactions due to complete this week (including Friday 30 June 2023) will be undertaken by AGL and do not need to do anything further.
Clients with transactions due to complete in the week commencing 3 July 2023 will be advised to instruct Stephensons Solicitors (who are regulated by the Solicitors Regulations Authority (SRA)) and be asked to complete and return a letter of Authority to AGL for Stephensons to act for them. They will be contacted by Stephensons over the next few days and taken through their standard on-boarding procedures. After this their transaction will progress uninterrupted.
AGL will be working to ensure that all other transactions continue without interruption and have already written to clients advising them of their next steps. This will include the option of instructing the CLC-regulated business Amity Law . Any client who wishes to instruct Amity Law will be asked to complete and return a letter of Authority to AGL. They will then be contacted by Amity Law and taken through their standard on-boarding procedures. After which their transaction will progress uninterrupted.
Clients will be able to choose whether to follow those arrangements or instruct another conveyancer or solicitor of their choosing. In which case, it is likely that clients will be signposted back to their original referrer (estate agent or mortgage broker), who will be best placed to assist them in choosing a new law firm.
Clients with a post completion query about an application that is still with the Land Registry should email firstname.lastname@example.org where there is a dedicated team working on these matters.
The CLC is monitoring the closure carefully and will act to ensure that client interests are protected.